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DEAL: Kenyan customer loyalty startup, CashBackApp raises $475,000 in pre-seed funding

DEAL: Kenyan customer loyalty startup, CashBackApp raises $475,000 in pre-seed funding
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United kingdomSimon ngigiLofty incSherpa ventures

DEAL: Kenyan customer loyalty startup, CashBackApp raises $475,000 in pre-seed funding

United kingdomSimon ngigiLofty incSherpa ventures

Nigerian start up raises $3m to digitalise supply chains

Nigerian digital startup Omnibiz has raised $3m to expand into new markets in West Africa

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La startup Omnibiz lève 3 millions de dollars pour son expansion ouest-africaine

La startup Omnibiz lève 3 millions de dollars pour son expansion ouest-africaine
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Omnibiz gets $3M to digitize Nigeria s informal B2B supply chain – TechCrunch

Despite the prevalence of shopping malls and the emergence of VC-backed e-commerce companies like Jumia, informal retail in Africa is still king. A 2016 study by PwC states that 90% of sales in Africa’s major economies come through informal channels — markets and kiosks. This presents a large market ripe for digitization, and over the […]

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